Even after a month of strong inflows, debt mutual funds witnessed outflows in August, triggered by concerns over a potential goods and services tax (GST) cut announced on Independence Day. As a result ...
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Debt mutual funds see outflows of nearly Rs 8,000 crore in August. What triggered the sell-off?
The debt mutual funds have seen an outflow of Rs 7,979 crore in August against an inflow of Rs 1.06 lakh crore in July. In August 2024, debt mutual funds received an inflow of Rs 45,169 crore.
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